Multiple Choice
Kalin,Liza,and other consumers form MuniMart Cooperative.This form of business organization makes it possible for these individuals to
A) avoid personal liability for the acts of the cooperative.
B) obtain an exemption from state laws governing corporations.
C) pay no taxes on their business income.
D) pool their resources to gain an advantage in the marketplace.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: The law governing limited liability companies is
Q14: Otto is considering forms of business organization
Q15: Bee Hive Honey,LLC's members include Chad,Dolores,and others.For
Q17: If a member's dissociation from a limited
Q18: Limited liability companies are treated as citizens
Q19: Arnie is a member of Bowling &
Q20: Dreem Land Corporation and EZ Investments Company
Q21: Qatar Global Investments is a foreign entity-a
Q23: A limited liability company can be held
Q38: For federal income tax purposes, one-member limited